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20121220
20121220
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Search Results 0 to 23 of about 24 (some duplicates have been removed)
that it will affect 90% of people in metropolitan areas? >> if you're not paying a next year, thank the new york delegation. they are the ones leaving it. gerri: big news, g by 40% stake in the compa. >> castillo is about $50 billion. the prices of stock have to get up to $69 it's down around 24 right now. i'm not going to hold my breath on that one. but i think that gm understood that it had to do something. because its own internal polling and focus groups suggest there was a stigma -- as public attached a stigma that they had taken this public money, which is very inresting to me. it may have helped rocco, when michigan and ohio, but it didn't help gm. >> gm is giving the stock at a bargain. the ipo is $10 more per share. the one that's just terrible. >> i think that the government should get out of this quickly as possible. obviously you want to do it in an orderly fashion. the were never going to happen again. who president of the government actually taking over, taking a controlling share, calling shots, who is going to be the ceo and stuff like that. the sooner we get past that, the bette
of companies, foreign companies listing in new york is down. people don't want to list new york with all this uncertainty and regulations. ipos are down, small business start-ups are down. so the president needs to level with the american people a tremendously insurmountable entitlement problem unless we do something structural. that is what he should be doing, and that is what it's all about. right now it's all about taxes. gerri: no one is doing that right now. a last word here. everybody wants to have something bigger done. it doesn't seem possible right now. do you think ultimately congress and the white house will find some common ground? >> i think they will. they always do. again, one of our other guests has talked to me about that churchill "which is america has this inevitable way of doing the right thing. how this we will do something right. gerri: very good point. thank you so much. thank you for coming on tonight. appreciate your time. have a great holiday. still to come, reaction to the takeover of the nyse, and a huge highest involving one of the world's most valuable commo
forward hearing from both men later in the program. as for the deal itself, if you're a new york stock exchange shareholder, mr. spreker built this account the past decade. 36% of the combined company will be controlled by current new york stock exchange shareholders. you get a premium. also an opportunity to participate in the continued growth of what will be a trading ba he months. they trade stocks. energy, interest rates, commodities, agriculture, that's what it's bat. global platform for the trading in so many different asset classes, particularly as it relates to derivatives, putting these two companies together this way. cost synergy is very important. $450 million what they are looking for. say that will take place after the second full year, realizing all of them but almost 80% within two years of closing. that's related to technology savings. clearing duplicate expenses, one public company instead of two save money. there are going to be some job losses one would anticipate here as well. women see how ice shares do today, of course, a growth company, so in growth shareholder
, that was interesting. new york values went up as well. lori: markets are scattered. that is a debate over what the fines wealth in america, cost of living, property values, you can't have one single threshold the works across the board because -- lori: bringing it back to taxes. melissa: i love it. lori: and $8 billion deal, what does it mean for the future of trading? charlie gasparino will be along with exclusive details. melissa: look at how the dollar is fairing, the market up slightly and with that, currencies are weaker across the board. we will be right back. melissa: we want to take you to capitol hill, john boehner. >> the president called on the house again and again to pass a bill to protect 98% of the american people from a tax hike. today we will do better than that. our bill will protect 99.81% of the american people from an increase in taxes. it is permanent tax relief for individuals. a permanent hatch on the alternative minimum tax, the marriage penalty, death tax relief and permanent extension of higher child tax credit and capital gains and dividends rates we see today. all
. >>> first, let's get to the news here in new york city. five days out from christmas, 12 days away from the fiscal cliff deadline that could potentially cripple the economy. house republicans are expected to vote on plan "b." that's speaker john boehner's safety net proposal that would maintain bush era tax rates for everyone making a million dollars or less. >> about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> well, president obama has threatened to veto boehner's measure and he said republicans need to drop any personal grudges they might have to do what's best for the country. >> they keep on finding ways to say no as opposed to finding ways to say yes. and i don't know how much of that just has to do with, you know, it is very hard for them to say yes to me. but, you know,
the jeffries trading floor today in new york. peter, you have a lot of different scenarios, but the most likely scenario that you think is that the blackberry fails, there is no acquisition on this and the cash firm continues? >> yeah. we think it costs about $1 billion to launch these devices. if successful, we think an access possibility goes up. if not, we see the company become much, much smaller a year from now. >> how do you measure success? and when we we know on this? >> we'll probably know around around/may next year. success would be call it 3 to 5 million units in the first quarter out of the gate and 5 million units plus after that. to us, that would be a very good launch. >> for anybody who is actually a blackberry user still, what do you say about these things? if there's a takeover, does that mean blackberry continues? what's the long-term outlook for the company? >> i would suspect that if you're a blackberry user, there's very little chance that your service is going to be cut off. that is a key cash flow driver for the company and anybody who would want to buy isn't concerned
in the air. atlanta will have delays. as the system moves east on the weekend, even new york and boston will have delays from this storm. and then we'll talk about the west when we get back with the rest of the weather. it is a messy next couple of days. >> real sloppy. sam, thanks very much. >>> we'll get the latest on that fiscal cliff. down to 12 days before everyone's taxes go up and every government program is cut. and that is a little more likely this morning, with private talks frozen and both sides blaming each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt c
, it's a rain maker for new york, philadelphia and washington, but then that moves out by tomorrow afternoon. >> just so i make it home to see mom. >> you'll get there. >> i hope so. thanks, alexandra. >>> two state department officials employees of hillary clinton are testifying right now before the house and senate committees after that blistering report on exactly what went wrong in benghazi, the committee headed by thomas pickering and admiral mike mullen. admiral mullen had this to say. >> while we did not find that any individual u.s. government employee engaged in willful misconduct or knowingly ignored his or her responsibilities, we did conclude that certain state department bureau level senior officials in critical positions of authority and responsibility in washington demonstrated a lack of leadership and management ability appropriate for senior ranks in their responses to security concerns posed by the special mission. >> a total of four senior state department officials have either resigned or placed on administrative leave in the wake of this report but what about s
? >> there is a report in the daily news out tonight the new york daily news saying that lanza's mother was trying to get him to go out of the house, to get a job. maybe go to school. but apparently she was having a tough time getting him out of his room. that he would lock himself in and play video games. violent video games for hours at a time according to the new york daily news, shep. >> shepard: rick leventhal in new york tonight. the students who survived the shooting there offering scholarships to students who survived the shooting at sandy hook. uconn announced the plan today. the scholarships will go to sandy hook students who chose to attend the university when they are older. school officials also say they will offer the scholarships to siblings of students who died and children of the adult victims. a spokesman says once the foundation officials get a sense of how much money they are collecting the school will then determine whether it can cover full college costs or just a portion. investigators in mexico have now reportedly linked a gun found near the body of a mexican beauty queen to the f
. it is december 20th. >> the top five stories making news at this hour. a massive chain reaction crash in new york leaving 33 people hurt and one person dead. it happened in the town of shirley on the long island expressway. the driver of a tractor trailer lost control and smashed into several vehicles setting off the chain reaction. the truck cause carrying debris from super storm sandy. >> it was like a movie. chain reaction. it was so fast. no one could react to it. >> 40 vehicles were involved in the wreck. it stretched the length of a football field. eastbound lanes are shut but westbound lanes are open. >>> 4 u.s. citizens plotting to destroy u.s. targets overseas. they pleaded not guilty to charges of conspiracy. three already pleaded guilty but changed their plea when is the 4th was indicted as being the ringleader. the younger brother of bernie madoff will be sentenced for helping pull off the biggest ponzi scheme in history. he is expected to spend the next ten years behind bars. one victim fired off a letter to the judge saying she is very unhappy the sentencing was postponed from decem
today? >> reporter: according to the "new york post," adam lanza spent hours alone, every day in his basement, in a windowless, playing violent games, with posters of military weapons on the walls. when he did emermg from the basement, he was described as sullen and silent. the new york daily news reports that his mother, nancy, had grown increasingly frustrated with her son's isolation, trying and failing to get him to leave the room and interact with others, perhaps go to school or get a job. he was uncomfortable, unreachable and like a ghost, a friend says and nancy reached tout out to a psychiatrist for help. another report says, nancy had planned to have adam committed to a psychiatric institution and the boy found out about it and that's what set him off, the reason apparently that he killed his mother, according to the report and targeted the kids at sandy hook because he was jealous of the time that his mom spent volunteering with the kindergartners at the school. all week, we have seen funerals for students, teachers and administrators killed here, including four more today,
it or not >> gretchen: here is the headlines. a massive chain crash. it happened in new york. it happened iniac-- yack hank. the driver lost control and setting off the chain reaction . the truck was carrying debris from super storm sandy. >> it was like a move yechain reaction and so fast. no one could react to it. >> brian: 40 vehicles were involved and the wreck stretched the length of a football field and all lanes are reopened this morning. midwest getting pummeled with a massive snow storm. some states are under blizzard warnings it is expected to dump a foot of the snow in the next 48 hours. in nebraska. roads are shut down because of the snow and strong wins are making visibility difficult. roads are closed in washington state after collisions and spin outs . there is word that one person is hurt. younger brother of madoff will be sentenced for helping pull off the biggest ponzi scheme in prison. he will be spending 10 years behind bars. one victim said she is unhappy that the sentence was postpone anothered the judge to remain free to attend a bar mitzvah. she brought the miss universe crown
you for your views, and thank you for sharing them with us, that is it foo us, joit from new york. york. >> unions, i think they could be the death of us, welcome, i am neil cavuto, despite throwing some punches over michigan becoming a right-to-work state, many unions, making sure the other 26 states do not follow. that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never md this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why no
. but the new york times had it on the front page because it's a little bit hard to ignore. you have to have pretty extreme to put it on page 11. but it's very scathing. but there is something about this, it's scathing, but it is nonspecific. it basically spreads around the blame, without naming names. so we get these deputy secretaries who resigned. but the questions we still don't know and we won't know until we hear the testimony from the secretary of state, what did she know, when did she continue? where was she on the day? did she give any orders? and that also applies to the president. we don't know what he was doing in the seven, eight hours of that terrible day. we don't know what he said, what he ordered. were they counter mannedded and those are the questions that need to be asked. we do know as a result of the report, as we knew before, there were huge errors of judgment, denying security, denying the kind of protection the ambassador and others were begging for. and the larger issue, sean, of misunderstanding the nature of what was happening in north africa, with the growth of al
. >> in times of stress, this economy turns to the new york stock exchange. there is a reason there is an american flag wrapped around the front of this building. charlie: you are committed to the floor traders, keeping them here? >> absolutely. connell: charlie live now from the floor. pretty big day down there, obviously. charlie: i am blown away by this story. we were pretty much on this thing from the get go. this was on a merger. the initial reports coming out of the, i believe, "wall street journal." this is a 200-year-old institution being taken over by a company from atlanta that has been in business for the last 12 years. this is amazing. that is like the glass half empty or half full power. about another year ago, we were talking about, and a lot of people moaning about a german institution taking over the new york stock exchange. that says something about america's dominance in world finance. we are seeing an entrepreneurial company now taking over the stock exchange. that is not bad. that is what american capitalism is all about. that is something to be celebrating
going? are we going to end up with just one exchange at some point. >> right here in new york. it will be slated. i would not be surprised in three years that new york stock exchange buys nazdaq i'll leave it at that. gerri: oh, boy charlie thank you, appreciate your time and breaking news that is the willis report, thank you for joining us. lou: good evening, president obama and time honored phrase could be about on snatch defeat from the jawzs of victory, things not looking so good for the president in negotiations over the fifth most actively traded issue. over the fifth -- fifth call cliff. that seem yesterday to be making progress, demanding that congress raise taxes while threatening to veto a bill that would keep current tax rates in place for 99% of the country, the president further demanding that washington go his way or no way at all, president obama seems to be on his way to perhaps becoming the imperious president. >> i've asked the vice president to lead an effort that includes members of my cabinet and outside organization to come up with concrete proposals no l
street. a historic day for the new york stock exchange, the ice, going to buy it. dow jones industrials up, pretty much highs of the session. the nasdaq up just 1/4% russell up 14%. ashley: bold sliding to the lowest level in four months dropping a one.3% after a report that the u.s. economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. liz: what looks good? financial sector, climbing within 1%, citigroup looking pretty healthy just under 2%, bank of new york mullen, royal bank of scotland hitting 52 week highs today. ashley: natural gas climbing for the third time in four days after reports show u.s. supply falling more than expected, natural gas for january delivery ending the day up 1.3%. liz: that storm over the midwest. you see that thing out side, winnebago, the largest u.s. motor home maker is getting bigger. increasing production to mean growing demand, just reported better than expected results and that is why we slept this thing outside our studio. you don't want to know, it is $350,000 with a steering wheel
the pageant in over 20 dwlaerz. she describes herself as a nerd and has even performed at new york's carnegie hall. >> the new miss universe might want to avoid partying like a rock star. a new study shows musicians have a higher risk of premature death compared with the rest of the population. researchers at britain's center for public health looked at nearly 1,500 pop rock hip-hop and punk rock performers. they had a 9% death rate over a five-decade period much higher than average. nearly 39% of those deaths were caused by factors related to violence or alcohol or drugs. >> they did not see the concert of 12/12/12 because everybody on that stage, the average age was at least 60-plus, and they showed no signs of slowing down. >>> a few billion of us won't be around this weekend if you believe that friday is dooms day. however however, it turns out there is a loophole in that scenario and holly williams found it for us. >> reporter: many of us have heard of prophecies based on the mayan calendar that the world will end this friday the 21st of december 2012. bu
appreciate you being on the show. out of time. the new york stock exchange getting taken over, for more than $8 billion. here is what we want to know. will those 4 traders still be there or will we go to computers? charlie gasparino on the floor of the stock exchange with duncan neiderauer. charlie: not just duncan neiderauer but jeff springer. i want to get this clear. the millions are predicting the end of the world at the end of december and the nyse-listed sells the intercontinental exchange. is there any connection here? of the world ends tomorrow i guess that is an execution risk we have not tracked into the confirmation, let's hope the mind are wrong. >> i think it is an amazing building 200-year-old institution being taken over by a 20 year institution. how does that happen? >> 12 the year. >> you overstate my age. what is interesting is the new york stock exchange is a network that started 200 years ago but today you could start a network and you and i have been a part of watching networks create organically quickly, that is what technology has done, what facebook is, what amazon is
family and was known as queen victoria as home. her family said she loved the beach and the new york yankees. in her obituary they write she was an amazing daughter, cousin, teacher and friend and we count be prouder of our hero. her dog roxy waits every day for her to come home from school. >> we will remember them. paul simon performed at her funeral and sang the song reques, "the sound of silence". we wanted to show the pictures of daniel who wanted to be a firefighter when he grew up. people supported us after 9/11 we are here to rueturn the favo. we saw a photograph the class photo of lauren russos first graders who were killed on friday. this was grace mcdonald's class. she and 14 other kids, even as a little girl she knew she wanted to become a teacher. on friday she was where she wanted to be. filling in for a teacher on maternm maternity leave. >> it says me, since i've been with you. thanks for rubbing off on me. >> 30 and in love. tony and lauren russo. >> do you you remember the moment you realized you were in love with her? >> yes, the first date, i had with her i knew.
i'm giving the gift too, has new york work to pick out the gift too. >> we make it far easier than going to the store it find a gift. second we find a lot of time finding product you don't find in retail. >> what you would find in a small boutique but we have thousands and thousands of products. >> your concerns and questions for john, patrick? >> john, congratulations. it used to be giving one gift to one person. is this working? do you see return rates lower than traditional model? >> our return rates are almost zero. it is remarkably low low. >> final question to you. >> john, receiving kmod advertised these days. how do you find the rarite snems. >> that's a big part of what we do. we have a team of brilliant buyers who scour the product that you haven't found anywhere else, that aren't the can kinds of things amazon would typically carry because they aren't in large quantity. >> julia, first to you then. >> i will be spending a lot of money this holiday season but i would say as look at this as an investor, and how much the total new model is going to appeal to consumers who a
to be asking right now. >> now the film isn't even out yet. it is limited release in new york and los angeles on december the 28th. it opens nationwide on january 4th but conservative bloggers got a hold of the copy of the script. when they looked through it, melissa, they this is really one-sided piece that looks more like a hit job against fracking than a balanced look at the natural gas industry. melissa: i think it is interesting it was supposed to be about the impacts on salmon and all of sudden turned over to fracking which is so popular right now. they're keying on something a revolution in this country. what has the industry's reaction been like so far? what do they think? >> no question the industry is worried about this. i talked to one industry analyst thought this could be to the fracking industry what the film the china syndrome with jane fonda and jack lemmon was to the nuclear power industry. charles ebinger is analyst with the brookings institute. here is what he told me. >> matt damon will give a convincing actor, undoubtedly casting concerns about shale gas on horizon and th
chafee of rhode island. check that column out beginning tomorrow on bill o'reilly.com. the "new york post," other fine newspapers all across america. you are going to like that colu
Search Results 0 to 23 of about 24 (some duplicates have been removed)

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